What is Direct-C?
Direct-C is pioneering a novel sensor technology that utilizes a proprietary, polymer-based nanocomposite "paint." This innovative material can be applied to virtually any surface, enabling large-area measurements for critical parameters such as temperature, stress/strain, cracking, and chemical exposure. The company's unique approach offers a versatile solution for advanced monitoring and data acquisition across diverse industrial applications.
How much funding has Direct-C raised?
Direct-C has raised a total of $4M across 2 funding rounds:
Angel/Seed
$1.3M
Series A
$2.7M
Angel/Seed (2020): $1.3M with participation from GreenSky Capital
Series A (2022): $2.7M led by Henkel and GreenSky Capital
Key Investors in Direct-C
Henkel
Henkel is a global leader in adhesive technologies and consumer brands, focusing on providing innovative solutions in adhesives, sealants, and functional coatings for industrial and consumer markets. The company is committed to sustainability and driving economic success through its diverse product offerings.
GreenSky Capital
GreenSky Capital is an investment firm that focuses on early-stage Canadian B2B start-ups led by exceptional entrepreneurs. They are dedicated to deploying capital to support promising ventures and are known for writing larger checks after thorough diligence.
What's next for Direct-C?
The recent major strategic investment signifies a pivotal moment for Direct-C, likely positioning the company for accelerated scaling and market penetration. This infusion of capital is expected to fuel further research and development, enhance manufacturing capabilities, and expand its commercial reach. The company's trajectory suggests a move towards broader enterprise adoption of its advanced sensor solutions.
See full Direct-C company page